Energy storage is no longer an asset class that utilities can ignore. One of the biggest criticisms of renewable energy has been its inherently intermittent nature. Solar energy plants don't produce power at night, and wind turbines don't produce power without wind, so utilities need fossil-fuel or power plants to keep the grid running.
The Green Party today launched its manifesto for the 12 December election, which hinges on its Green New Deal. This builds on the party’s previous pledges to reduce emissions, making the UK carbon neutral by 2030 and invest £100 billion a year for the next decade in climate action. This will form the basis
As the UK prepares for yet another election, following the dissolution of parliament in the early hours yesterday, pledges for increased solar power are notable in almost all the major party's campaigns. The Green Party has called of the country to make the election on the 12 December the climate election. Unsurprisingly therefore, they have
Solar power, along with wind and storage capacity, will have to greatly increase if the UK is to meet its net zero emissions by 2050 goal, according to analysis by Aurora Energy Research. Aurora’s research presupposes capacity increases of more than 100GW of solar and wind, rising from 33GW today to more than 140GW in
Solar is “ready to deliver” in the transition to a net zero future but the Labour Party is facing a “considerable challenge” in its proposed target of net zero by 2030. This week the Labour Party approved a motion to adopt a Green New Deal, under which the party has pledged to commit to pursuing
The UK’s offshore wind sector has smashed records for price in the government’s third Contracts for Difference auction round, with prices running as low as £39.65/MWh. The Department for Business, Energy and Industrial Strategy (BEIS) this morning unveiled the hotly anticipated auction results, confirming that 6GW of new offshore wind capacity will be delivered at
Chancellor of the exchequer Sajid Javid has been slammed by the green economy for adding just £30 million to the government’s net zero budget, a mere 0.1% of what is expected to be needed. Yesterday Javid, in his first official spending statement as chancellor of the exchequer, unveiled a raft of proposals in the government’s
E.ON made a bold announcement last week: all 3.3 million of their customers will be placed on a 100% renewable tariff as standard. No need to change their tariff or account. No extra charge. A good news story on the face of it. But is it too good to be true? The overnight switch to
The government must plug its policy shortfall or risk failing to hit binding net zero targets, the Science and Technology select committee has warned. Identifying ten areas where government policy is lacking, the committee issued a series of recommendations in a new report looking at how to achieve net zero by 2050. Among the committee’s
Rapid rise in renewables combined with nuclear generated 53% in 2018 A rapid rise in renewable energy, combined with low-carbon electricity from nuclear reactors, made up almost 53% of generation in 2018, the government’s annual review of energy statistics revealed. Renewable energy sources set a new record by meeting a third of the UK’s power